Japan PM Declares Crypto ‘Extremely Important’

Japan’s Prime Minister says crypto and Web3 are vital for economic growth and national challenges. Officials are reviewing crypto tax reforms, with possible lower rates by 2025. Japan aims to stay competitive in digital finance. Prime Minister Shigeru Ishiba of Japan stressed that cryptocurrency and Web3 development are essential for dealing with national problems and … Read more

Will Ethereum Price Revisit $3,000 As 340K ETH Leaves Exchanges?

After a brutal trade war-led crash on Monday, 330K ETH worth nearly $920 million left exchanges since February 2. Additionally, the spot Ethereum ETFs saw inflows of nearly 11K ETH. With these bullish developments, will Ethereum price recover losses and revisit $3,000? Can Ethereum Price Revisit $3,000 Anytime Soon? On Monday, Ethereum price crashed 27%, … Read more

Lightchain AI Testnet Launches, Raising $15M—One Presale Stage Left

PRESS RELEASE. The blockchain world is buzzing, and for good reason—Lightchain AI has officially launched its testnet, already securing over $15 million in funding! Combining the unmatched potential of blockchain and AI, Lightchain AI is charting a bold, innovative course for decentralized technology. If you’re a cryptocurrency enthusiast, a tech-savvy investor, or a developer on … Read more

Regulation By Enforcement Is Out at CFTC, Acting Chair Pham Says

U.S. Commodity Futures Trading Commission (CFTC) Acting Chair Caroline Pham said Tuesday the regulatory agency has reorganized its enforcement division to “refocus” on fraud and “stop regulation by enforcement.” Under former Chairman Rostin Behnam, the CFTC’s Division of Enforcement had a variety of task forces, including one focused on insider trading, another focused on cybersecurity … Read more

Ethereum’s Supply Surge Raises Concerns Over Ultrasound Money Status Amid Upcoming Pectra Upgrade

Ethereum’s token supply has surged to levels not seen since early 2023, reigniting debates around its inflationary status post-upgrade. Recent analysis indicates that the Dencun upgrade has altered the dynamics of transaction fees on the Ethereum network, impacting the burn mechanism that previously limited ETH supply. According to Presto research analyst Jaehyun Ha, the surge … Read more

Kickstarter-Backed Web3 Game WITS Launches on SKALE

What Is This Studios has announced the upcoming launch of their trading card game, “What Is This Sorcery?” (WITS), on the SKALE blockchain network. This also marks WITS as the first Web3 gaming project to receive backing from Kickstarter. WITS Blends Tangible Card Collecting with Digital Gameplay WITS distinguishes itself by blending tangible card collecting … Read more